Sugar-based Surfactants Global Market to Grow $7.78 Billion at a Surprising CAGR of 6.4% By 2028 | Clariant AG, Solvay SA, Evonik Industries AG, Glycosurf Inc., Jeneil Biotech Inc.

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Sugar-based Surfactants Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $7.78 billion In 2028 At A CAGR Of 6.4%.

The sugar-based surfactants market size has grown strongly in recent years. It will grow from $5.72 billion in 2023 to $6.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to consumer demand for natural products, renewable raw material source, reduced carbon footprint, growing natural personal care products market, increasing awareness of harmful chemicals. .

The sugar-based surfactants market size is expected to see strong growth in the next few years. It will grow to $7.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising global emphasis on sustainability, advancements in sugar-based surfactant, expansion of natural and organic products market, global expansion of biorefineries, emergence of new market players.. Major trends in the forecast period include innovation in formulations, integration in household cleaning products, bio-based detergent formulations, bio-based textile processing agents, collaborations and partnerships..

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Sugar-based Surfactants Market Major Segments
The sugar-based surfactants market covered in this report is segmented -
1) By Type: Alkyl Polyglycoside, Decyl Glucoside, Sucrose Cocoate, Other Types
2) By Raw Material: Monomeric, Polymeric, Dimeric
3) By Application: Biotechnology, Homecare And Personal Care, Pharmaceuticals, Agriculture, Other Applications

Key Driver - Rising Consumer Expenditure On Cosmetics And Personal Care Is A Catalyst For Sugar-Based Surfactant Market Growth

The increased spending on cosmetics and personal care products is expected to propel the growth of the sugar-based surfactant market going forward. Personal care product refers to any item intended to be rubbed, poured, sprinkled, or sprayed on, introduced into, or otherwise applied to any area of the human body for washing, beautifying, boosting attractiveness, or modifying appearance. In personal care items including shampoos, shower gels, and hand soaps, sugar-based surfactants are frequently utilized, these surfactants create a thick, creamy foam that aids in cleansing the skin and hair by removing oil and grime. Additionally, the growing awareness of personal hygiene has favored increasing expenditure on cosmetics and personal care items. For instance, in September 2022, according to the consumer expenditures report 2021 published by the Bureau of Labor Statistics, a US-based agency for economics and statistics, in the US, the average annual expenditure on personal care products and services was increased to $771 in the year 2021, representing a growth of 19.3% in consumer spending. Therefore, the increasing product demand in personal care is driving the growth of the sugar-based surfactant market.

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Prominent Trend - Product Innovation In The Sugar-Based Surfactant Market

Product innovation is a key trend gaining popularity in the sugar-based surfactant market. Major companies operating in the sugar-based surfactant industry are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2022, Solvay SA, a France-based chemical business, launched two new products: Mirasoft SL L60 and Mirasoft SL A60. Two new biosurfactants that enable the development of sustainable cosmetics. This product is unique, as it is based on rapeseed oil and sugar, and it has a minimal environmental and carbon footprint. The glycolipid biosurfactants are appropriate for a wide range of applications in beauty care, including shampoos, conditioners, shower gels, face washes, and creams.

Sugar-based Surfactants Market Players
Major companies operating in the sugar-based surfactants market report are Clariant AG, Solvay SA, Evonik Industries AG, Badische Anilin und Soda Fabrik, Shanghai Fine Chemicals Co. Ltd., Stepan Company, Dadia Chemical Industries, Glycosurf Inc., Jeneil Biotech Inc., Seppic Inc., Cargill Inc., Lonza Group AG, Dow Chemicals Co., AkzoNobel NV, Kao Corporation, Galaxy Surfactants Ltd., Henkel AG & Co., Huntsman Corporation, Croda International Plc, Colonial Chemical Inc., Lubrizol Corporation, P&G Chemicals, Unilever, Ashland Global Holdings Inc., Innospec Inc., Vantage Specialty Chemicals Inc., Pilot Chemical Company, Oxiteno USA LLC, Rhodia Operations, Mitsubishi Chemical Corporation .

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Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the sugar-based surfactants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the sugar-based surfactants market report forecast period. The regions covered in the sugar-based surfactants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sugar-based Surfactants Market Report Structure
3. Sugar-based Surfactants Market Trends And Strategies
4. Sugar-based Surfactants Market - Macro Economic Scenario
5. Sugar-based Surfactants Market Size And Growth
…..
27. Sugar-based Surfactants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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